Yep it seems like a really achievable goal, and the new management team led by Catherine seems to under estimate guidance a little, to reduce the chance of a miss like what occured under the previous CEO.
I was hoping that $400m~ was the minimum end of the US Daybue 2025 guidance, but I suppose there are a lot of new sales initiatives and teams being built, and that takes time, and the bottom end of the range may reflect current trajectory. Still, I can't exactly be unhappy with 380-405m when so little optimism for Daybue has been priced into our share price, let alone NNZ-2591.
It is worth pointing out the average of Analyst expectations for 2025 were 1.05bn in sales prior to the earnings so it would be interesting to see if the price targets move much for Acadia but it seems to be pretty on the mark to be honest. Even still there is a wide range of price targets but if you average them out they work out to be about 30% higher compared to where they trade now.
NEU Price at posting:
$14.02 Sentiment: Buy Disclosure: Held
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